My da|ra Login

Detailed view

metadata language: English

Survey of Consumer Finances, 1960

Resource Type
Dataset : survey data
  • University of Michigan. Survey Research Center. Economic Behavior Program
Other Title
  • Version 2 (Subtitle)
Collective Title
  • Survey of Consumer Finances Series
Publication Date
Funding Reference
  • National Science Foundation
  • Ford Motor Company
  • Ford Foundation
  • General Motors Corporation
Free Keywords
automobile ownership; business conditions; consumer attitudes; consumer behavior; consumer expectations; consumer expenditures; debt; disposable income; durable goods; economic conditions; families; financial assets; home ownership; household budgets; household composition; household expenditures; household income; housing; income distribution; mortgages; national economy; occupations; personal debt; personal finances; prices; savings
  • Abstract

    This data collection is one in a series of surveys of consumer finances conducted annually between 1946 and 1971. In a nationally representative sample, the head of each spending unit (usually the husband, the main earner, or the owner of the home) was interviewed. The basic unit of reference in the study was the spending unit, but some family data are also available. The questions in the 1960 survey covered the respondent's attitudes toward national economic conditions and price activity, as well as the respondent's own financial situation. Other questions examined the spending unit head's occupation, and the nature and amount of the spending unit's income, debts, liquid assets, changes in liquid assets, savings, investment preferences, and actual and expected purchases of cars and other major durables. In addition, the survey explored in detail the subject of housing, e.g., previous and present home ownership, value of respondent's dwelling, and mortgage information. Demographic variables include number of people in the spending unit, age, sex, and education of the head, and the race and sex of the respondent.
  • Methods

    No weight variables are included in this dataset.
  • Methods

    ICPSR data undergo a confidentiality review and are altered when necessary to limit the risk of disclosure. ICPSR also routinely creates ready-to-go data files along with setups in the major statistical software formats as well as standard codebooks to accompany the data. In addition to these procedures, ICPSR performed the following processing steps for this data collection: Performed consistency checks.; Created variable labels and/or value labels.; Standardized missing values.; Checked for undocumented or out-of-range codes..
  • Table of Contents


    • DS1: Dataset
Temporal Coverage
  • Time period: 1960
  • 1960-01 / 1960-03
    Collection date: 1960-01--1960-03
Geographic Coverage
  • United States
Sampled Universe
Spending units in the United States. Smallest Geographic Unit: None.
National cross-section of spending units representative of the total population of the United States. The number of spending units interviewed in 1960 was 2,972, in approximately 2,760 family units.
Collection Mode
  • face-to-face interview

2014-01-10 The SPSS and SAS setups were updated by adding values and value labels to the variables documentation. Stata setup files, as well as SPSS and Stata system files, a SAS transport (CPORT) file, an R data file, and a tab-delimited file have been added to the collection. The codebook was updated. Funding insitution(s): National Science Foundation. Ford Motor Company. Ford Foundation. General Motors Corporation.
This study is freely available to ICPSR member institutions via web download.
Alternative Identifiers
  • 7440 (Type: ICPSR Study Number)
  • Is new version of
    DOI: 10.3886/ICPSR07440.v1
  • Shapiro, Robert Y., Conforto, Bruce M.. Presidential performance, the economy, and the public's evaluations of the economic conditions. Journal of Politics.42, (1), 49-67.1980.
  • Goldberger, Arthur S., Lee, Maw Lin. Toward a Microanalytic Model of the Household Sector. American Economic Review.52, (2), 241-251.1962.

Update Metadata: 2015-08-05 | Issue Number: 6 | Registration Date: 2015-06-15

University of Michigan. Survey Research Center. Economic Behavior Program (1984): Survey of Consumer Finances, 1960. Version 2. Survey of Consumer Finances Series. Version: v2. ICPSR - Interuniversity Consortium for Political and Social Research. Dataset.